No Violations, Breaches, or Defaults. The entry into and performance by Guarantor of this Guaranty does not and will not violate any judgment, order, law or regulation applicable to Guarantor or result in any breach of, constitute an event of default under, or result in the creation of any lien, charge, security interest or other encumbrance upon any Collateral pursuant to any indenture, mortgage, deed of trust, bank loan or credit agreement or other instrument to which Guarantor is a party or by which Guarantor’s assets are bound.
No Violations, Breaches, or Defaults. The execution and delivery by VaxGen of this Agreement and the performance by it of its obligations hereunder do not and will not, with or without the giving of notice, the lapse of time or both: (a) violate its certificate of incorporation or bylaws; (b) materially violate any applicable law; or (c) breach, in any material respect, or result in a material default under, any term or provision of any contract or agreement of, or binding on, VaxGen.
No Violations, Breaches, or Defaults. None of the Partnership Entities is (i) in violation of any provision of its Organizational Documents, (ii) in violation of any statute, law, rule, regulation, judgment, order or decree of any court, governmental, regulatory or administrative authority, agency or body, arbitrator or other authority having jurisdiction over any of the Partnership Entities or any of its properties, as applicable, or (iii) in breach, default (or an event that, with notice or lapse of time or both, would constitute such a breach or default) or violation in the performance of any obligation, agreement or condition contained in any indenture, mortgage, deed of trust, loan agreement, lease or other agreement or instrument relating to the Partnership Properties to which it is a party or by which it or any of its properties may be bound, which in the case of either (ii) or (iii) would reasonably be expected to have, if continued, a Material Adverse Effect or materially impair the ability of the Memorial Parties to execute this Agreement and the other Transaction Documents party thereto and consummate the transactions contemplated hereby and thereby.
No Violations, Breaches, or Defaults. The execution and delivery by Buyer of this Agreement and the performance by it of its obligations hereunder do not and will not, with or without the giving of notice, the lapse of time or both: (a) violate its bylaws; (b) materially violate any applicable law; or (c) breach, in any material respect, or result in a material default under, any term or provision of any contract or agreement of, or binding on, Buyer.
No Violations, Breaches, or Defaults. The Company is not, nor will consummation of this Agreement and the transactions contemplated hereby result, in any material violation, breach or default of any term or provision of (i) any Government Contract or (ii) any bid, proposal or quote submitted to the Government by the Company, nor will the consummation of this Agreement and the transactions contemplated hereby permit the termination by the U.S. Government of any Government Contract. The Company is not, nor will consummation of this Agreement and the transactions contemplated hereby result, in any violation or default in any material respect of any provision of any Federal order, status, rule or regulation governing any Government Contract, bid, proposal, quote, or transaction of any kind between the Government and the Company.
No Violations, Breaches, or Defaults. None of the MRD Parties is (i) in violation of any provision of its Organizational Documents, (ii) in violation of any statute, law, rule, regulation, judgment, order or decree of any court, governmental, regulatory or administrative authority, agency or body, arbitrator or other authority having jurisdiction over any of the MRD Parties or any of its properties, as applicable, (iii) in breach, default (or an event that, with notice or lapse of time or both, would constitute such a breach or default) or violation in the performance of any obligation, agreement or condition contained in any indenture, mortgage, deed of trust, loan agreement, lease or other agreement or instrument relating to the MRD Parties or MRD Properties to which it is a party or by which it or any of its properties may be bound or (iv) in breach, default (or an event that, with notice or lapse of time or both, would constitute such a breach or default) or violation in the performance of, assuming the due execution by all parties thereto, the Transaction Documents, which in the case of either (ii), (iii) or (iv) would reasonably be expected to have, if continued, a Material Adverse Effect or materially impair the ability of the MRD Parties to execute this Agreement and the other Transaction Documents party thereto and consummate the transactions contemplated hereby and thereby.
